(Reuters) - TOKYO, April 26 - Toshiba , the world's second-largest maker of NAND flash chips, forecast limited growth this year as it posted a 7.4 percent rise in annual operating profit from strong chip and infrastructure system sales.
Prices of NAND, which together with system chips account for about half of Toshiba's profits, have fallen some 60 percent since last year. Both Toshiba Corp and industry number-one, South Korea's Samsung Electronics Co. , needs a price recovery to drive growth this year.
Read more at Reuters.com Market News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment